Corn is the most vulnerable crop for Ukraine due to weak exports – Gorbachev

Published Dec 23, 2025

Tridge summary

Before the New Year holidays, the market traditionally enters a lull phase. Almost no activity should be expected until at least mid-January. At the same time, it should be understood that a significant part of buyers has already contracted in individual countries until March inclusive. Therefore, there is currently no demand that could become a

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driver of price growth. This was reported by the president of the Ukrainian Grain Association (UGA) Mykola Gorbachev in a comment to Latifundist.com. “The most vulnerable crop now is corn. World production has increased, in particular in the US the supply is large, and there is no additional demand for such volumes. At the current export rates — 2.5–3 million tons per month — we risk reaching the end of the season with transitional balances at the level of 4–5 million tons. Individual deliveries, for example, the recent ship to China, do not change the situation. If it were 10 ships, then we would see a revival. And 58 thousand tons is almost nothing,” he says. According to Gorbachev, wheat looks a little more stable, “it’s still going somehow.” Export rates of about 16 million tons per season are achievable, with a possible deviation of plus or minus a million tons. But in general, the external situation is not on the side of Ukrainian exports at the moment. The situation is ...

Source: UkrAgroConsult